By Nnamdi Anyadike | 17-04-2019
By Rob Coppinger | 11-06-2019
A new wave of innovation is taking place in the electronic medical device market, partly driven by falling technology costs. Combined with the proliferation of ‘smart home’ connectivity, this cost decline is leading to the availability of ever more complex portable and miniaturised medical systems. Examples of the new medical devices now on offer for the home include the Nokia BPM+ blood pressure monitor that is able to sync with a smartphone via Bluetooth; and portable EKG/ECG monitors such as the Omron HCG-801. Key players in the medical electronics market include Texas instruments, Angiotech Pharmaceuticals, Carestream Health, Allengers Medical, and Maxim Integrated.
22-01-2020 |
Recom International
|
Lighting Technologies
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The medical electronics market is going from strength to strength and according to one recent study could reach $4.2billion by 2026. Rising standards of living and aspirations towards a healthier lifestyle are all factors driving the adoption of wearable electronic medical devices. However, the ever-stricter regulatory process for product approval and high maintenance cost are acting as restraints on what would otherwise be an even more buoyant market.
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